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MINUTES OF THE JOINT MEETING OF THE
<br />LA PORTE REDEVELOPMENT AUTHORITY and
<br />LA PORTE TAX INCREMENT REINVESTMENT ZONE
<br />BOARD OF DIRECTORS
<br />September 9, 2021
<br />DETERMINE QUORUM; CALL TO ORDER.
<br />The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas, and La Porte
<br />Tax Increment Reinvestment Zone, held a regular joint meeting, open to the public, on Wednesday,
<br />September 9, 2021, at 6:30 p.m., in the Council Chambers of City Hall, 604 West Fairmont Parkway,
<br />La Porte, Texas, and the roll was called of the duly appointed members of the Board, to -wit:
<br />Peggy Antone, Secretary
<br />Position 1
<br />Mark Goodwin
<br />Position 6
<br />Barry Beasley
<br />Position 2
<br />Rick Helton
<br />Position 7
<br />Alton Porter
<br />Position 3
<br />David Janda
<br />Position 8
<br />Horace Leopard
<br />Position 4
<br />Kristen Lee
<br />Position 9
<br />Doug Martin, Chairman
<br />Position 5
<br />and all of the above were present, with the exception of Directors Leopard and Martin, thus
<br />constituting a quorum. Also present were David Hawes, Naina Magon, and Linda Clayton, all with
<br />Hawes Hill & Associates, LLP; Jason Weeks, City of La Porte; Javier Morales, J. Morales, Inc.; and Brian
<br />Jarrard, Holcomb Properties Company. Secretary Antone called the meeting to order at 6:35 p.m.
<br />APPROVE MINUTES OF THE JOINT LA PORTE REDEVELOPMENT AUTHORITY AND LA PORTE
<br />TAX INCREMENT REINVESTMENT ZONE MEETING HELD ON MAY 6, 2021.
<br />Upon a motion made by Director Porter, and seconded by Director Goodwin, the Board voted
<br />unanimously to approve the Minutes of the May 6, 2021, joint Board meeting, as presented.
<br />RECEIVE UPDATE FROM J. MORALES, INC. REGARDING M STREET PROJECT.
<br />Mr. Morales reported comments from the City have been addressed and plans were resubmitted for
<br />review on August 27. He reported there is a shortage of materials and pricing has been raised for
<br />materials and construction costs. He estimated the additional cost will be $40,000.00. No action
<br />from the Board was required.
<br />CONSIDER APPROVAL OR OTHER ACTION REGARDING AUTHORITY INVOICES; INCLUDING
<br />APPROVING DEVELOPER DISBURSEMENTS FOR TAX YEAR 2020.
<br />Mr. Hawes reviewed the current development agreements, balances owed and provided an overview
<br />of the projects associated with each agreement. He reported the following payments for FY2020 due
<br />to the developer: (1) 65 La Porte $276,585.18; (2) Beazer Homes $112,246.78; and (3) Senior
<br />Associates $9,780.68. He presented the Bookkeeper's Report and went over invoices, included in the
<br />Board materials. Upon a motion made by Director Goodwin, and seconded by Director Helton, the
<br />Board voted unanimously to accept the Bookkeeper's Report and approved payment of invoices, as
<br />presented; and approved payment of Developer Disbursement for Tax Year 2020 as follows: (1) 65
<br />La Porte $276,585.18; (2) Beazer Homes $112,246.78; and (3) Senior Associates $9,780.68.
<br />Mr. Weeks and staff answered questions regarding Lakes of Fairmont Parkway Public Improvement
<br />District and issues with detention and other components. It was noted water is not draining properly.
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